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Bank of Engalnd

  • Cash is King: New banknotes of King Charles III enter circulation, but it may be a while before you see one

    June 5, 2024

    Banknotes carrying a portrait of King Charles III will be issued for the first time, but with a move towards a cashless society, it may be some time before you see the note in person

  • De La Rue shares jump as orders grow and group edges closer to sale

    May 30, 2024

    The firm responsible for printing UK's money is edging closer to a sale of some or all of its business and has delayed reporting its full year results to July in the hope that by then it will have found a buyer.

  • Industrial Revolution: ‘History of Britain needs rewriting’ following new research

    April 14, 2024

    The industrial revolution. Think railways, factories and mills, the rapid intrusion of 'dark Satanic mills' on England's previously 'green and pleasant lands'.

  • Bank of England commits to ‘once in a generation’ reform after Bernanke review

    April 12, 2024

    The review, launched last summer, was led by Ben Bernanke, who chaired the Federal Reserve between 2006 and 2014.

  • Forecasts by the Bank of England and the OBR are drifting apart. Is it a problem?

    April 9, 2024

    Economic forecasts by the Bank of England and the Office for Budget Responsibility are drifting further apart. Chris Dorrell explains why this could be a problem

  • IMF warns central banks should be wary of leaving interest rates on hold for too long

    April 8, 2024

    In a chapter from its latest World Economic Outlook, the IMF noted that different economies have experienced different effects from higher interest rates.

  • Why lower interest rates might not offer much support to the UK economy

    April 6, 2024

    Although the UK fell into a recession in the second half of last year, most economists are confident that growth will return this year.

  • Bank of England survey: Wage growth expectations ease in boost for interest rate cut hopes

    April 4, 2024

    Persistent wage growth has been a major concern for the Bank as it considers when to start lowering interest rates.

  • Letter to the editor: Interest rates, the long and the short of it

    April 4, 2024

    While short-term interest rates make news, many overlook long-term rates, which are reaching levels not seen in over a decade.

  • Farewell transmission: Have interest rates worked to bring down inflation?

    March 31, 2024

    While inflation has fallen from a peak of over 11 per cent to 3.4 per cent, unemployment stands at just 3.9 per cent having fallen in the second half of last year.

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